Public Economy versus Planned Economy. Current Approaches and Problems

The present paper proposes a review of the current object and problems facing the public economy. For the past decade and a half, public economy has clearly come back in the attention of the research interests of specialists from the Central and Eastern European countries. Among these, the scientifi...

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Main Author: Ani Matei
Format: Article
Language:English
Published: General Association of Economists from Romania 2006-01-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: http://store.ectap.ro/articole/26.pdf
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author Ani Matei
author_facet Ani Matei
author_sort Ani Matei
collection DOAJ
description The present paper proposes a review of the current object and problems facing the public economy. For the past decade and a half, public economy has clearly come back in the attention of the research interests of specialists from the Central and Eastern European countries. Among these, the scientific research encompassed by the public economy area interrelates with the international trends. At a closer look, public economy appears to be a science, particularly interdisciplinary, with sociological, political, econometrical or systemic approaches possible to prevail. To continue, the author makes reference to four pillars of the public economy: optimum, welfare, social choice and economic justice that allow different approaches to develop. A science branch, equally theoretical and practical, public economy will stress its connections with the economic and mathematic modeling, systemic analysis or sociological and political research. Still, seve¬ral problems in public economy remain open. These concentrate on the public interest, intervention and decision. Conceptualization, understanding and description of the mechanisms that allow the operationalisation may form the basis for further developments on both theoretical and practical level. A clear distinction in order to justify the title of this article needs to be made. Public economy is not to be confused with planning economy. The state remains but one of the producers and delivery agents of public goods and services.
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spelling doaj.art-426554521e4746ec87c7f324cb496b042022-12-22T00:27:57ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292006-01-01XIII118418678Public Economy versus Planned Economy. Current Approaches and ProblemsAni Matei0 Scoala Nationala de Studii Politice si Administrative Bucuresti The present paper proposes a review of the current object and problems facing the public economy. For the past decade and a half, public economy has clearly come back in the attention of the research interests of specialists from the Central and Eastern European countries. Among these, the scientific research encompassed by the public economy area interrelates with the international trends. At a closer look, public economy appears to be a science, particularly interdisciplinary, with sociological, political, econometrical or systemic approaches possible to prevail. To continue, the author makes reference to four pillars of the public economy: optimum, welfare, social choice and economic justice that allow different approaches to develop. A science branch, equally theoretical and practical, public economy will stress its connections with the economic and mathematic modeling, systemic analysis or sociological and political research. Still, seve¬ral problems in public economy remain open. These concentrate on the public interest, intervention and decision. Conceptualization, understanding and description of the mechanisms that allow the operationalisation may form the basis for further developments on both theoretical and practical level. A clear distinction in order to justify the title of this article needs to be made. Public economy is not to be confused with planning economy. The state remains but one of the producers and delivery agents of public goods and services. http://store.ectap.ro/articole/26.pdf economicspublic interestpublic interventionpublic decisions
spellingShingle Ani Matei
Public Economy versus Planned Economy. Current Approaches and Problems
Theoretical and Applied Economics
economics
public interest
public intervention
public decisions
title Public Economy versus Planned Economy. Current Approaches and Problems
title_full Public Economy versus Planned Economy. Current Approaches and Problems
title_fullStr Public Economy versus Planned Economy. Current Approaches and Problems
title_full_unstemmed Public Economy versus Planned Economy. Current Approaches and Problems
title_short Public Economy versus Planned Economy. Current Approaches and Problems
title_sort public economy versus planned economy current approaches and problems
topic economics
public interest
public intervention
public decisions
url http://store.ectap.ro/articole/26.pdf
work_keys_str_mv AT animatei publiceconomyversusplannedeconomycurrentapproachesandproblems